GEORGIA APPLICATIONS FOR PRODUCTION AND DISPENSING LICENSES
Georgia medical marijuana laws allow qualified patients to possess low-THC oil. Entities that wish to obtain a production license to grow cannabis for use in producing low THC oil, or a dispensing license, must apply to the Georgia Access to Medical Cannabis Commission (GMMC).
CLASS 1 PRODUCTION LICENSE
Allows for production licensees to grow cannabis in indoor facilities for use in producing low THC (limited to 5% THC) oil, limited to 100,000 square feet of cultivation space and manufacture low THC oil and products.
CLASS 2 PRODUCTION LICENSE
Allows for production licensees to grow cannabis in indoor facilities for use in producing low THC oil, limited to 50,000 square feet of cultivation space and manufacture low THC oil and products.
Class 1 and Class 2 production licensees will be eligible to apply for a dispensing license for retail outlets to dispense low THC oil and products to registered patients. Dispensing licenses will be issued so that retail outlets are dispersed throughout the state.
An applicant for a Class 1 or Class 2 production license shall submit the following, without limitation, to the GMCC:
- A completed application;
- The required non-refundable application fee ($25,000 for Class 1 and $5,000 for Class 2), payable in certified funds;
- Sufficient documentation to prove that the applicant possesses one of the following: (a) a $1.5 million bond; (b) an irrevocable letter of credit; or (c) comparable surety approved by the GMCC.
An applicant for a dispensing license shall submit the following, without limitation, to the GMCC:
- A completed application;
- The required non-refundable application fee to be determined by the Commission;
- A Class 1 or Class 2 production license name and number;
- Entity formation documents;
- Real property and location information;
- Correspondence information;
- Ownership information;
- Floor and site-specific plans;
- Demonstration of significant involvement in the business by one or more minority business enterprises;
- Description of the proposed organizational structure including an organizational chart and information regarding all owners and officers;
- Standard Operating Procedures (“SOPs”) for reporting, dispensing, inventory management, record keeping, recall, safety and security, etc.;
- Any other documentation requested by the GMCC to determine the dispensing license applicant's suitability.
PREPARE NOW FOR YOUR UPCOMING APPLICATION
Leaf Legal, P.C. is fully prepared to guide your company towards licensure. With the legal cannabis industry constantly growing and highly-regulated, it is important to keep up with the most current regulations. The attorneys at Leaf Legal, P.C. want to help you and your company navigate Georgia's ever-evolving regulatory scheme. Contact us at Leaf Legal, P.C. today to schedule a consultation.
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